Saturday, July 19, 2025

Clothing tech entrepreneur charged with $300 million fraud in US

Authorities said Christine Hunsicker, 48, of Lafayette, New Jersey, promoted CaaStle to investors as a more than $1.4 billion "Clothing-as-a-Service" business that helped companies rent apparel to consumers with an option to buy, despite knowing it was financially distressed and short of cash.

from Tech-Economic Times https://ift.tt/lTYEwfW

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